Avery Garrett Team
Avery Garrett Team
(317) 721-2274(317) 721-2274

4426-443 North Franklin Road, Indianapolis, IN 46226 (MLS # 21545608)

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PRICE $475,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 1.32 ac

This Is A Complex With Multiple Buildings, A Vacant Lot And A Rented Garage. Total Of 17 Units. Tenant Paid Or Landlord Paid Utilities Varies With Each Unit. The Owner Is Retiring And Has Several Other Units Available. These Units Have Been Well Cared For. Just Had $35,000 Worth Of Windows Installed, Among Many Other Updates. Please See Attached Financials For More Details On Individual Units And Property.

DAYS ON MARKET 130 LAST UPDATED 3/23/2018
TRACT NO SUBDIVISION YEAR BUILT 1920
COMMUNITY Lawrence - 4904 - Marion COUNTY Marion
STATUS Active PROPERTY TYPE(S) Multi-Family

SCHOOLS
School District Lawrence Township


ADDITIONAL DETAILS
ARCHITECTURAL STYLE Apart Complex
BUILDING INFORMATION Other
BUILDING UTILITIES Cable Connected, Gas Connected, Municipal Water Connected
CONTINGENCY Act With No Contingency
DISCLOSURES Not Applicable
DOCUMENTS None
EXPENSES 29802
EXTERIOR Aluminum, Vinyl
GROSS OPERATING INCOME 88380
INSPECTION WARRANTIES Not Applicable
LAUNDRY Other
LISTING SYNDICATION Homes, MIBOR, REALTOR, Zillow
LOT INFORMATION Access Alley, Access Street
LOT SIZE 1.32
NET OPERATING INCOME 58578
NEW CONSTRUCTION No
OPERATING EXPENSE Insurance, Maintenance, Repairs, Utilities
ORIGINAL LIST PRICE 475000.00
OWNER PAYS Gas, InsHazard, Insurance Liablty, Trash Pick Up
PROPERTY SUB TYPE 5+Units Commercial
PROPERTY TYPE Multi-Family
SCHOOL DISTRICT Lawrence Township
SQ FT SOURCE Assessor
STATUS Active
TAX EXEMPTION None
TENANT PAYS Electric, Gas
TRANS TYPE Sale
UNIT PARKING Paved Area


SATELLITE VIEW



 
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© 2018 Metropolitan Indianapolis Board of REALTORS®

By Avery Garrett Team